CSD

Invesco S&P Spin-Off ETF
*Unless otherwise stated, data provided by FactSet.

CSD Fund Description

CSD tracks an index of mostly large- and midcap US equities that have broken away from their parent firms in the last 4 years.

CSD Factset Analytics Insight

CSD offers niche equity exposure to spin-offs. The idea: A firm spun off from a larger parent has a singular focus on its core business, rather than being a rudderless component of a larger whole. Its S&P index uses a 4-year look back, and names can be added immediately once the monthly reconstitution rolls around. Single-name exposure can be concentrated up to 7% at rebalance. CSD pulls from a broad US index (not from the S&P 500) but screens out smaller firms with a minimum $1B market-cap screen. It applies no additional selection screens, however, thus offering reasonably pure-play exposure to its narrow thesis.Note: Prior to May 20, 2016, CSD tracked the Beacon Spin-off Index, which used different time horizons and had a growth-oriented multi-factor selection process. The change was material but the spin-off thesis remains the same.

CSD MSCI ESG Analytics Insight

Invesco S&P Spin-Off ETF has an MSCI ESG Fund Rating of BB based on a score of 3.91 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco S&P Spin-Off ETF ranks in the 19th percentile within its peer group and in the 45th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

CSD MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

CSD Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 12/04/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CSD 0.74% 9.16% 13.95% 0.16% 4.97% 2.41% 11.11%
CSD (NAV) -0.44% 8.51% 14.48% 4.25% 5.12% 2.65% 11.35%
S&P U.S. Spin-Off Index -0.39% 8.69% 15.17% 4.91% 5.75% -40.82% 11.35%
MSCI USA IMI 1.43% 6.59% 26.33% 17.23% 14.11% 10.46% 13.24%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CSD Summary Data

Invesco
12/15/06
Open-Ended Fund
0.62%
$101.87M
$580.89K
0.18%

CSD Portfolio Data

$12.70B
55.11
1.24
0.87%
12/23/19
36

CSD Index Data

S&P U.S. Spin-Off Index
Market Cap
Time Since Listing
MSCI USA IMI

CSD Portfolio Management

0.62%
-0.56%
-0.47%
-0.66%

CSD Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CSD Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

CSD Factset Analytics Block Liquidity

As of 12/05/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CSD. CSD is rated a 5 out of 5.

CSD Tradability

12,345
$580.89K
5,108
$245.99K
0.18%
$0.09
-0.06%
0.57% / -0.72%
None
100.00%
50,000
0.10
0.02%
0.17%
4
$48.51
5

CSD Sector/Industry Breakdown


CSD
Segment Benchmark
18.78%
17.35%
16.98%
6.61%
16.74%
13.27%
15.36%
10.76%
14.67%
2.88%
12.19%
26.01%
3.70%
4.20%
1.58%
13.51%

CSD Top 10 Holdings[View All]

Dow, Inc. 7.23%
Corteva Inc 7.17%
IAA, Inc. 5.13%
59.55%

CSD Countries


CSD
Segment Benchmark
100.00%
99.92%
--
0.08%

CSD Regions


CSD
Segment Benchmark
100.00%
100.00%

CSD Economic Development


CSD
Segment Benchmark
100.00%
100.00%

CSD Performance Statistics

0.83
1.15
1.08
1.10
0.50%
MSCI USA IMI

CSD MSCI ESG Ratings

3.91 / 10
45.35
18.91
11.03%
2.09%
127.81

CSD Benchmark Comparison Holdings

36
2398
36
0.70%

CSD Benchmark Comparison Summary


CSD
Segment Benchmark
36
2398
$12.70B
$222.04B
55.11
25.02
1.24
3.25
1.41%
1.79%
High
Low

CSD Benchmark Comparison Market Cap Size


CSD
Segment Benchmark
38.61%
82.85%
45.56%
13.03%
15.42%
3.75%
0.41%
0.37%